for Your Childrenís Education
well thought-out education plan will help you realize your
financial objectives for your childrenís education with the
least amount of stress to your current income. As the cost
of educating children continues to rise it becomes more important
to begin planning early so that adequate funds are available
when your child reaches the post-secondary level.
strategies for a childís education require special consideration
because children are considered minors and cannot own property
directly. There are several methods available which can help
you achieve your educational objectives. Here are but four
methods to consider:
►††† Registered Education Savings Plans (RESP's
►††† The "In Trust For" Account
►††† Buying Universal Life Insurance
►††† Financial Aid Strategies
so much riding on a good education, and on your decisions,
itís important to get sound advice on all aspects of your
education savings program from an independent financial planner.
The information contained in this commentary is designed
to provide you with general information only, and is not intended
to be comprehensive advice applicable to the circumstances
of any individual. We strongly urge you to seek professional
assistance before acting upon information included herein.